Improving valve design is crucial for enhancing the performance of rolling piston type rotary compressor. A novel variable stiffness valve based on PEEK and stainless steel was proposed. The stress-strain behavior of the novel valve was studied, and its operational characteristics, including opening and closing angles and over-compression losses, were analyzed in a compressor. It is shown that opening and closing angle of the new-designed valve were advanced compared to that of the original cylinder by about 2∼3°, leading to a general reduction in over-compression losses, with a maximum decrease of 4.15 W. The impacts of new-designed valve on compressor performance were experimentally investigated. The cooling capacity and coefficient of performance of compressors equipped with new-designed compared to original valve were improved by 1.1–1.7 % and 1.1–2.6 %, respectively. In addition, the input electrical power required for the new valve was observed to be 0.9–1.3 % lower. The incorporation of high-damping material in the new valve design significantly reduced compressor noise by 3–5 dB at the critical frequency bands of 630–1250 Hz. These findings offer valuable insights for enhancing the energy efficiency and noise reduction in rolling piston type rotary compressors.