The invention discloses a supercritical carbon dioxide coal-fired circulating fluidized bed boiler, a power generation system and a power generation method. The supercritical carbon dioxide coal-firedcirculating fluidized bed boiler comprises a hearth, a separator, a tail flue and an externally-arranged type heat exchanger located in a material back section of the separator. A cooling wall and anintermediate-temperature overheater are arranged in the hearth. A high-temperature reheater and a low-temperature overheater are arranged in the externally-arranged type heat exchanger, wherein the low-temperature overheater communicates with the cooling wall and the intermediate-temperature overheater. A low-temperature reheater, a high-temperature overheater, an upper-level economizer, a lower-level economizer and an air preheater are arranged in the tail flue, wherein the high-temperature overheater communicates with the intermediate-temperature overheater, the low-temperature reheater communicates with the high-temperature reheater. The working medium of the boiler is supercritical carbon dioxide. By the adoption of the supercritical carbon dioxide coal-fired circulating fluidized bedboiler, the wall temperature of the cooing wall can be effectively controlled, it is guaranteed that the boiler safely and reliably operates, and the heat efficiency is high; a power generator set tends to be miniature, a higher load response speed is obtained, the deep peak load regulation adaptability is high, the advantages of coal resources are taken into full play, the energy utilization rate is improved, and energy safety is guaranteed.