To efficiently develop hot dry rock and other geothermal energy, a multilateral butted closed loop geothermal system (MBCLGS) is presented in this paper to replace the U-shaped closed-loop geothermal system (UCLGS). Besides, a casing-cement-formation transient heat transfer model is established to investigate the influences of key factors on the heat production of MBCLGS. After thermal-fluid-structural coupling analysis, we can find that higher injected rate and lower fluid temperature can improve heat power but reduce output temperature. In addition, the output temperature and heat power do not increase continuously with the increasing of branch well number. There is an optimal value of branch well number. Longer well pair distance can improve both output temperature and heat power. Considering the drilling technology level and design purpose, the recommended injected flow rate of MBCLGS is 90 m3/h, the injected fluid temperature is 42.5 °C, the number of branch wells is 10 and the well pair distance is 200m. Finally, by comparing MBCLGS and UCLGS, it is found that MBCLGS has a lower temperature decline rate and higher output temperature than UCLGS under the same conditions. It works more stable and has better economy. Overall, the proposal of MBCLGS is expected to promote the efficient development of deep geothermal resources.