In this study, silver microspheres (SMS) were introduced into cotton stalk porous-carbon (CSP) to prepare silver microsphere doping porous-carbon (SMS-CSP), and then SMS-CSP was used as the matrix of polyethylene glycol (PEG) to synthesize shape-stable phase change material of PEG/SMS-CSP. It was found that the introduction of SMS into CSP could not only greatly improve the loading capacity of the porous-carbon for PEG, but also could increase the thermal conductivity of PEG/SMS-CSP. Additionally, the method of introducing SMS into porous-carbon had the advantages of environmental protection and simple operation. Moreover, the raw material of cotton stalk is a kind of agricultural waste, which has the merits of wide source, low price and easy to obtain. Furthermore, in the preparation of cotton stalk porous-carbon, with the increase of pyrolysis temperature the thermal conductivity of PEG/SMS-CSP could be enhanced significantly. The mechanism about the enhancement of thermal conductivity was clarified, which could provide more basic theory for the study about the thermal conductivity of shape-stable phase change materials (ss-PCMs) based on porous-carbon.