Free cooling is an economical method of using low external air temperatures to assist in chilling water, which can then be used for industrial processes or air conditioning systems. The chilled water can either be used immediately or be stored for the short- or long-term. When outdoor temperatures are lower relative to indoor temperatures, this system utilizes the cool outdoor air as a free cooling source. In this manner, the system replaces the chiller in traditional air conditioning systems while achieving the same cooling result. Such systems can be made for single buildings or district cooling networks.