A hybrid cooling system consisting of both a dry section and wet section is proposed in this paper as a means to conserving energy and water by combining the benefits of both dry and wet cooling modes. A new thermodynamic coupling characteristics computing model was established to identify the best combination of dry and wet cooling subsystems in the hybrid tower throughout year-round operation based on its air thermodynamic state under the “no plume” principle. A hybrid cooling tower in Inner Mongolia, China, consisting of an elliptical tube heat exchanger with rectangular fins and counter-flow wet packing, was designed as an example under the no plume principle. The minimum number of heat exchanger units in service and the corresponding thermodynamic operating parameters were obtained under a year-round operation. The tower exhibited notable advantages in regards to water conservation compared to the traditional evaporative cooling tower at an estimated yearly savings of 3.74 × 10⁷ kg water.