We detail the energy balance of a propagating hydraulic fracture. Using the linear hydraulic fracture model which combines lubrication flow and linear elastic fracture mechanics, we demonstrate how different propagation regimes are related to the dominance of a given term of the power balance of a growing hydraulic fracture. Taking an energy point of view allows us to offer a physical explanation of hydraulic fracture growth behaviours, such as, for example, the transition from viscosity to toughness dominated growth for a radial geometry, fracture propagation after the end of the injection or transition to self-buoyant elongated growth. We quantify the evolution of the different power terms for a series of numerical examples. We also discuss the order of magnitudes of the different terms for a industrial-like hydraulic fracturing treatment accounting for the additional dissipation in the injection line.