Abstract: This study aimed determination of proper amount of paraffin ( n -docosane) absorbed into expanded graphite (EG) to obtain form-stable composite as phase change material (PCM), examination of the influence of EG addition on the thermal conductivity using transient hot-wire method and investigation of latent heat thermal energy storage (LHTES) characteristics of paraffin such as melting time, melting temperature and latent heat capacity using differential scanning calorimetry (DSC) technique. The paraffin/EG composites with the mass fraction of 2%, 4%, 7%, and 10% EG were prepared by absorbing liquid paraffin into the EG. The composite PCM with mass fraction of 10% EG was considered as form-stable allowing no leakage of melted paraffin during the solid–liquid phase change due to capillary and surface tension forces of EG. Thermal conductivity of the pure paraffin and the composite PCMs including 2, 4, 7 and 10 wt% EG were measured as 0.22, 0.40, 0.52, 0.68 and 0.82 W/m K, respectively. Melting time test showed that the increasing thermal conductivity of paraffin noticeably decreased its melting time. Furthermore, DSC analysis indicated that changes in the melting temperatures of the composite PCMs were not considerable, and their latent heat capacities were approximately equivalent to the values calculated based on the mass ratios of the paraffin in the composites. It was concluded that the composite PCM with the mass fraction of 10% EG was the most promising one for LHTES applications due to its form-stable property, direct usability without a need of extra storage container, high thermal conductivity, good melting temperature and satisfying latent heat storage capacity.