The spatial variation of surface net radiation, soil heat flux, sensible heat flux, and latent heat flux at different times of the day over the northern Tibetan Plateau were estimated using the Surface Energy Balance System algorithm, data from the FY-2G geostationary meteorological satellite, and microwave data from the FY-3C polar-orbiting meteorological satellite. In addition, the evaporative fraction was analyzed, and the total evapotranspiration (ET) was obtained by the effective evaporative fraction to avoid the error from accumulation. The hourly change of latent heat flux presented a sound unimodal diurnal variation. The results showed the regional ET ranged between 2.0 and 4.0 mm over the Source Region of the Yellow River. The conditional expectations of surface energy components during the experimental period of the study area were statistically analyzed, and the correspondence between different surface temperatures and the effective energy distribution was examined. The effective energy distribution of the surface changed significantly with the increase in temperature; in particular, when the surface temperature exceeded 290 K, the effective energy was mainly used for surface ET. The aim of this study was to avoid the use of surface meteorological observations that are not readily available over large areas, and the findings lay a foundation for the commercialization of land surface evapotranspiration.