Hello Katrina Smith,
Thank you for posting this in the Microsoft Q&A Community.
From my understanding, you would like to know if the local account identity in Azure AD B2C provides the capabilities of OpenID.
Please be informed that the local account identity provider in Azure AD B2C is primarily used for username/password-based authentication. It allows users to sign up and sign in using their local credentials (email and password). It provides identity as a service to your application as it uses Open ID Connect for authentication. Follow this link to get more information https://learn.microsoft.com/en-us/azure/active-directory-b2c/protocols-overview
You can also configure a custom OIDC identity provider. Follow this link to see the step-by-step guide on how to set up a generic OpenID Connect provider. https://learn.microsoft.com/en-us/power-pages/security/authentication/azure-ad-b2c-provider
Let me know if further assistance is needed.
Babafemi