Data Center Signal is tracking 6 clips about CME Group data center developments across 1 states, including IL.
DeKalb has experienced significant property tax revenue from its Meta data center, using the funds for projects like a new elementary school and property tax relief. In contrast, Aurora is taking a cautious approach with its data center revenue from CME Group and CyrusOne, saving it for general city accounts due to concerns about the future of data center technology.
Aurora, Illinois, implemented strict new ordinances for data centers following an expired moratorium, addressing zoning, environmental impacts, and energy use due to public backlash. In contrast, DeKalb, Illinois, has adopted a more permissive approach to data center development, prioritizing economic benefits. Statewide, groups like Illinois People's Action are advocating for stricter regulations through the proposed POWER Act.
Aurora implemented noise regulations after residents persistently complained about data centers like CyrusOne. In contrast, DeKalb approved an Edged data center project, with Meta's existing facility causing no complaints due to prior mitigation. Meanwhile, the cities of Normal and Bloomington have enacted moratoriums to study data center impacts.
The Aurora City Council approved a new ordinance imposing strict regulations on new data centers, including requirements for noise, vibrations, energy, and water usage. This approval comes as the city's 180-day moratorium on new data centers was set to expire. Residents expressed ongoing concerns about noise from existing data centers.
The Chicago Mercantile Exchange (CME) restored most trading operations after an hours-long outage stemming from cooling problems at a crucial data center in the Chicago area. The outage disrupted multiple financial markets across Asia and Europe, but trading volume was light due to the Thanksgiving holiday.
The Chicago Mercantile Exchange (CME Group) restored most trading operations after an hours-long outage stemming from problems at a data center. The video also mentions news about Tilray Brands and Oracle.