To solve the problem of energy loss during pneumatic conveying, a new energy-saving method of pneumatic transportation, pulse excitation flow, is proposed and applied to the transportation of petroleum coke. Firstly, the minimum pressure drop velocity of petroleum coke transported by pulse excitation flow is obtained through experimental research, and then the energy-saving mechanism of pulse excitation flow is explored through CFD-EDM coupling. The experimental results show that the energy loss coefficient of pulse excitation flow is reduced by 12.6% compared with axial flow. The numerical results show that the pulse excitation flow will produce alternating positive and negative vortices, and using the pulse excited flow conveying can make the particles enter the suspension region 6D earlier and reduce the energy loss, which further indicates that the gas–solid coupling effect of the pulsed excitation flow is more conducive to the dispersion and acceleration of the particles compared with axial flow.