Mercury (Hg), a toxic heavy metal, has triggered regulations for emission control from coal-fired power plants. It has been found that mercury re-release occurs in WFGD slurry, which is affected by WFGD process parameters. The coal co-combustion with bromide technology proves to be an efficient approach for enhancing mercury removal ratio but the accumulation of introduced bromine in WFGD slurry would impact the re-emission behavior of mercury significantly. Model study is efficient method to reveal the physicochemical processes in WFGD systems. However, previous model studies were carried out under Hg2+ contained simulated slurry systems without consideration of Hg2+ transformation process from gas to liquid phase, and co-combustion with bromide technology was not considered. Here, a model which encompasses droplets motion sub-model, gas–liquid heat transfer sub-model, gas–liquid mass transfer sub-model and the mercury re-release kinetic sub-model is developed and validated against experimental data. The effects of bromine concentration, slurry temperature, pH value and S(IV) concentration were investigated. It was found that introduced bromine has significant inhibitory effects on the re-release of mercury. When the slurry temperature is higher, the absorption rate of Hg2+ is lower and more Hg0 is released. Moreover, the increase in the slurry pH value and S(IV) concentration has certain inhibitory effects on the re-release of Hg0 in WFGD. Above all, the developed model has high prediction accuracy for the absorption of Hg2+ and the re-release of Hg0 in WFGD which is expected to be beneficial for guiding the operation of WFGD systems.