In recent years, thermal energy storage systems, which are a promising solution to improve the thermal comfort of buildings and reduce energy demand, are a critical issue. This study aims to develop a new shape-stable gypsum composite using expanded glass sphere (EGS) and lauryl alcohol (LA) and analyses its thermal performances. For this purpose, EGS was impregnated with LA in different mass fractions (25 and 50%) by direct impregnation technique. DSC results exposed that melting temperature and melting enthalpy of shape-stable EGS/LA composite were 20.97 °C and 83.1 J/g, respectively. FTIR investigations confirmed the existence of well chemical compatibility between EGS and LA. TGA analysis revealed that the operating temperature of EGS/LA was considerably lower than its thermal degradation temperature. While incorporation of EGS and EGS/LA composite increases water absorption and porosity; caused a decrease in compressive strength, dry unit weight and ultrasound pulse velocity properties. EGS/Gypsum composite with LA (50%) provided a warmer room temperature for more than 12 h between midnight and solar noon hours. It achieved about 2 ℃ warmer room during these hours. After solar noon hours, proposed composite attained about 3.6 ℃ cooler room center temperatures. It provided cooler indoor temperatures for more than 5 h. A warmer indoor temperature was observed for EGS/Gypsum composite with LA (50%) after 18:00 until midnight to be 2 ℃. It can provide a carbon emission saving of around 3–23.2 kg-CO2/kWh, depending on fuel type for a wall cover made of EGS/Gypsum with LA.