The invention provides a two-coating and one-baking novel energy-saving powder coating capable of replacing baking varnish. A processing method of the powder coating comprises the following steps: 1,preparing an outer layer coating: adding 35-55% of film-forming resin, ultrafine powdery graphite, a curing agent, 10-30% of a filler and 1-5% of assistants into a container, performing sufficient mixing, carrying out melting high-pressure extrusion after the mixing is finished, tabletting the extruded raw materials until the pressed tablets are uniform in size, crushing the tablets by using a crusher, and grinding the obtained powder after the crushing is finished; and 2, preparing an inner layer coating: adding 35-55% of the film-forming resin, the ultrafine powdery graphite, the curing agent, the pigment, nano-copper powder, 10-30% of the filler and 1-5% of the assistants into the container, performing sufficient mixing, carrying out melt high-pressure extrusion after the mixing is finished, tabletting the extruded raw materials until the pressed tablets are uniform in size, crushing the tablets by using the crusher, and grinding the powder after the crushing is finished. The two-coating and one-baking novel energy-saving powder coating has the advantages of increase of the construction speed, and reduction of environmental pollution.