Convection in an ice-covered lake, driven by the absorption of solar radiation, is investigated by means of temperature microstructure technique. This type of convection typically occurs in spring, when melting snow on the ice cover enables solar radiation to penetrate into the water body. The diurnal dynamics of the stratification system of five distinct layers is analyzed by means of consecutive CTD profiles and with the aid of a one-dimensional model. The model solves the transfer equation of heat and salinity and includes convective procedures to react on density instabilities. This study is focused on the turbulent kinetic energy (TKE) balance. The stratification analysis reveals the importance of several processes for the TKE balance, namely: (1) the entrainment into the top layer from the convective layer below, (2) the inflow of water from melted ice, and (3) the volumetric solar heating. Enabled by the analysis of the temperature microstructure profiles, two TKE budgets are presented. The temporally averaged budget reveals a vertical distribution of generation and dissipation rate similar to the case of cooling-induced convection in a surface boundary layer. But contrary to this reference regime, a transition layer was found in the upper convective layer, where both rates drop back to zero toward the layer above. The second TKE budget is spatially averaged over the convective layer but resolves the diurnal dynamics. The generation rate and dissipation rate feature similar diurnal dynamics, where the dissipation lags on average by 1.5 hours. The temporal change rate of TKE was found to be on the same order of magnitude as the generation rate and the dissipation rate, while the export rate of TKE out of the convective layer was found to be less significant.