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The problem of low efficiency of coal mine methane utilization is caused by the concentration of methane of less than 10%, or a concentration that varies dramatically directly emitted into the atmosphere. This work deals with the concept of a co-production system that blends lean methane and biogas to produce electric energy. It is recommended to add the biogas generated by straws around the mines in a controlled manner to the lean methane flow to obtain the desired gas concentration in order to generate electricity. Potential electricity generation and reduced greenhouse gas emissions were also evaluated. The result shows that the co-production system can significantly improve the utilization efficiency of lean methane in coal mines; the average use of pure methane in three coal mines is 0.18, 1.12, and 5.32 million m3 every year, respectively, and the emission reduction effect of carbon dioxide (CO2) equivalent is, respectively, 3081, 18,796, and 89,050 tons. The electricity generated and the economic environmental benefits of the co-production system are remarkable, and it has economic feasibility and broad perspectives for popularization. It not only has the advantage of improving the utilization rate of methane and biomass and providing power supply and heat source for mines, but also has practical significance in terms of saving energy, reducing environmental pollution, adjusting the energy structure, and achieving the target of carbon emission peak and carbon neutrality.