In order to save energy consumption of two-way amplifier forward(AF) relaying with channel estimation error, an energy efficiency enhancement scheme is proposed in this work. Firstly, through the analysis of two-way AF relaying mode with channel estimation error, the resultant instantaneous SNRs at end nodes is obtained. Then, by using a high SNR approximation, outage possibility is acquired and its simple closed-form expression is represented. Specially, for using the energy resource more efficiently, a low-complexity power allocation and transmission mode selection policy is proposed to enhance the energy efficiency of two-way AF relay system. Finally, relay priority region is identified in which cooperative diversity energy gain can be achieved. The computer simulations are presented to verify our analytical results, indicating that the proposed policy outperforms direct transmission by an energy gain of 3 dB at the relative channel estimation error less than 0.001. The results also show that the two-way AF relaying transmission loses the two-way AF relaying transmission loses its superiority to direct transmission in terms of energy efficiency when channel estimation error reaches 0.03.