This paper presents an experimental protocol developed to locally estimate different terms of the energy balance associated with the fatigue of DP600 steel. The method involves two quantitative imaging techniques. First, digital image correlation provides displacement fields and, after derivation, strain and strain-rate fields. A variational method, associated with an energy functional, is used to simultaneously identify elastic parameter and stress fields. The deformation energy rate distribution can then be determined on the basis of the stress and strain data. Secondly, infrared thermography provides thermal images which are used to separately estimate the thermoelastic source amplitude and mean dissipation per cycle distributions. The image processing uses a local form of the heat diffusion equation and a special set of approximation functions that take the frequency spectra of the sought sources into account.