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The invention discloses a brown coal drying method and device utilizing waste heat of smoke and steam of a power plant. The drying method comprises two-time drying treatment, wherein the two-time drying treatment comprises the steps that firstly, the high-temperature smoke directly discharged by a power plant coal fired boiler is utilized for conducting first-time drying treatment on damp materials, the high-temperature smoke directly makes uniform contact with the damp materials, and intermediate materials are obtained; and secondly, the high-temperature smoke and the high-temperature steam directly discharged by the power plant coal fired boiler are utilized for conducting second-time drying treatment on the intermediate materials at the same time, the high-temperature smoke directly makes uniform contact with the intermediate materials, meanwhile, the intermediate materials make uniform contact with a heat exchange pipe inflated with the steam for heat exchange, dried materials are obtained, and second-time drying treatment is achieved. The brown coal drying method and device have the beneficial effects that the power plant waste heat serves as a heat source for brown coal drying, the running economical efficiency of a power plant generator set is improved, a system for drying the brown coal and a brown coal power generation system are integrated, efficient utilization of power plant energy and optimization of a technology system are achieved, and the brown coal drying method and device belong to the poly-generation technology of the power plant.