We look for critical points with prescribed energy for the family of even functionals
Φ
μ
=
I
1
−
μ
I
2
, where
I
1
,
I
2
are C
1 functionals on a Banach space X, and
μ
∈
R
. For a given
c
∈
R
and several classes of
Φ
μ
, we prove the existence of infinitely many couples
(
μ
n
,
c
,
u
n
,
c
)
such that
Φ
μ
n
,
c
′
(
±
u
n
,
c
)
=
0
and
Φ
μ
n
,
c
(
±
u
n
,
c
)
=
c
∀
n
∈
N
.
More generally, we analyse the structure of the solution set of the problem
Φ
μ
′
(
u
)
=
0
,
Φ
μ
(
u
)
=
c
with respect to µ and c. In particular, we show that the maps
c
↦
μ
n
,
c
are continuous, which gives rise to a family of energy curves for this problem. The analysis of these curves provide us with several bifurcation and multiplicity type results, which are then applied to some elliptic problems. Our approach is based on the nonlinear generalized Rayleigh quotient method developed in Il’yasov (2017 Topol. Methods Nonlinear Anal.
49 683–714).