The energetic effects of knee locking and addition of linear elastic members to different joints of a seven-link fully actuated planar bipedal robot were studied. The focus was on the reduction of energy consumption during walking. An impactless walking gait was studied and the energetic cost of walking was determined without joint stiffness and knee locking as a baseline for comparison. The gait trajectory was then optimized by adding spring to different joints, energetic cost of walk was then calculated at different walking speeds. Support knee was then mechanically locked and gait was optimized to find the cost of walking. The energetic cost of walking determined for the above two cases was then compared to the baseline cost. It was observed that addition of torsional springs at both knees can reduce the walking cost up to 62% at lower speeds and both hips up to 35% at high walking speeds with spring stiffness as an optimization parameter for both cases. Mechanically locking the support knee can reduce the cost of walking up to 84% at slow walking speeds with gait and knee locking angle optimized.