This document summarizes a review of cooling tower performance and opportunities for energy savings through economizer operation. It discusses how cooling towers work and rejects heat to the atmosphere. It notes that cooling towers are a major energy user in buildings and manufacturing. The document then reviews the Merkel theory model for predicting cooling tower performance and its limitations, especially at low fan speeds and wet bulb temperatures. It proposes creating a new model to more accurately predict performance under these conditions to better assess energy savings opportunities like economizer operation.