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Vault 44.01 Receives EPA Class VI Permit Approval for CCS Project in Indiana

LCG, April 9, 2026--Vault 44.01 Ltd. (Vault) announced today that the U.S. Environmental Protection Agency (EPA) Region 5 has issued a final Underground Injection Control (UIC) Class VI permit for the One Carbon Partnership CCS project (the "OCP Project") near Union City, Indiana. The One Carbon Partnership is a joint venture between Cardinal Ethanol and Vault.

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SPP and Member Utilities Successfully Achieve Western Expansion Milestone

LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.

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Industry News

Corona City to Take Over Power Assets

LCG, December 3, 2002-After a year and a half of discussion, Corona City's Council has voted unanimously to take control of the distribution of electricity within its city limits.

Corona City, located just south of Los Angeles, has decided to use the power of eminent domain to buy out distribution inside the city and create its own municipally owned system. Initially inspired by the high prices of electricity during the power crisis of 2000/2001, on November 21 the city offered Southern California Edison, which owns the distribution assets, $70.2 million for them.

Edison did not respond to the offer and will most likely dispute the value of the assets with the city in court.

EES Consulting prepared an independent report that found a 15% rate reduction through 2012 if a municipal distribution system was established.

While Edison has stated that the study's findings are inaccurate, Corona officials have decided to go ahead with the formation of a municipal system.

Southern California Edison serves 11 million people in Southern California.

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