The invention discloses a sensible heat accumulating type direct steam generation system based on parallel connection regulation as well as a method. The sensible heat accumulating type direct steam generation system comprises an outlet header, outlet connecting pipes, a heat accumulator, heat exchange tube bundles, a first temperature sensor, a sealed thermal insulation layer, motor operated valves, inlet connecting pipes, an inlet header, a circulating water pipe, a flow meter, a control cabinet, a water replenishing connecting pipe, a water storage tank, a second temperature sensor and a third temperature sensor. With the method of parallel connection of heat exchange pipelines, the problem that the heat exchange area per unit and the heat exchange power per unit are reduced continuously due to continuous reduction of the temperature in a heat exchange process of the sensible heat accumulator is solved effectively by changing the heat exchange area and reducing flow in single pipeline, the stability of output power of the system is improved, an effective solution is provided for replacing small and medium-sized coal burning boilers and electric boilers and providing stable steam with peak-valley electricity, and very good application prospect is provided.