The invention discloses a method for treating sewage of circulating cooling water in a renewable water resource, and belongs to the field of wastewater treatment. The method comprises the steps that the sewage of the circulating cooling water enters an adjusting tank to adjust the water quality and the water flow, and then the sewage passes through a filter, an ozone oxidation tank, a buffering tank, an oxygen elimination tank, an anaerobic tank, an aerobiotic tank, a primary sedimentation tank, a phosphorous-removal mixing tank and a fiber filter in sequence for treatment, wherein the oxygenelimination tank is filled with bio-cord filler, the anaerobic tank and the aerobiotic tank are filled with filler, the anaerobic tank supplements external carbon source, nitrification liquid at the tail end of the aerobiotic tank flows back into the oxygen elimination tank and the anaerobic tank,, and slurry in the primary sedimentation tank flows back into the oxygen elimination tank. By means of the method, ammonia nitrogen, total nitrogen, total phosphorus, organic matter difficult to degrade and other pollutants in the renewable water resource can be removed, and the outlet water obtainedafter treatment can meet the requirements that the CODcr is equal to or lower than 30 mg / L, the total nitrogen is equal to or lower than 15 mg / L, the ammonia nitrogen is equal to or lower than 1.5 mg / L and the total phosphorus is equal to or lower than 0.3 mg / L.