Description
California's 2025 statute AB 825 establishes the framework for converting CAISO-administered markets toward an independently governed regional day-ahead market. The statute outlines governance requirements, safeguards to California climate policies, a target timeline concluding within the decade, and avenues to participate or withdraw. AB 825 changes the market and governance context. Understanding and adapting to the new landscape will inform change-in-law clauses, exit mechanics, and how counsel brief clients on timing, governance, and regulatory approvals that could affect finance and deal structure.
The expert panel will examine where clients face participation choices and procurement timing, how to adjust contracting under change-in-law (withdrawal, curtailment, and delivery flexibility), and ways to manage risk as market design evolves.
Listen as our panel discusses the decision points, risk indicators, and practical approaches counsel can use to brief clients, shape legal agreements, and manage exposure while the new framework emerges.
Presented By
Ms. Kessler is the Co-Managing Shareholder of the Sacramento Office, Co-Leader of the California Government Law & Policy Group in the firm’s Sacramento office, and Co-Chair of the firm's LGBTQ+ Affinity Group. She is an accomplished legislative strategist with a track record of rapid advancement grounded in proven strategic and communication talents, collaborative skills, and trusted integrity. Ms. Kessler has deep relationships with California policymakers, thought leaders, and community-based organizations. She leverages her well-honed skills to build consensus, gain buy-in, and motivate team members and partners. Ms. Kessler helped to launch the startup state advocacy practice at one of the largest public affairs consultancies on the West Coast, where she worked to advance the interests of technology firms, automakers, trade associations, and local government entities. As managing partner for one of the fastest growing lobbying firms in Sacramento, she oversaw all business operations and represented clients in the areas of energy, technology, health care, and education.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Date + Time
- event
Thursday, December 11, 2025
- schedule
1:00 p.m. ET./10:00 a.m. PT
I. Introduction
A. AB 825 components and overview
II. Move from WEIM to EDAM
A. How EDAM would work
B. Potential reliability and cost impact
III. Governance and safeguards
A. Independent RO board, FERC interface
B. Climate policy protections
C. Legislative authority to withdraw
IV. Transactional implications
A. PPAs and offtake
B. Drafting considerations
V. Siting, interconnection, and transmission
VI. Compliance
VII. Regulatory and litigation potential next steps
VIII. Practitioner takeaways
The panel will review these and other key issues:
- Identifying the core statutory changes in AB 825 and the 2025 package and how they map to CAISO/EDAM timelines and governance
- Evaluating market design impacts on PPAs, resource adequacy, curtailment/congestion exposure, and cross-border delivery options
- Advising clients on participation/exit mechanics, climate policy safeguards, and litigation/regulatory risk with FERC/state interactions
- Building strategies aligned to the 2026–2028 milestones and expected transmission developments
Related Courses
AB 825 and New California Energy Laws: Counseling Risks and Opportunities
Thursday, December 11, 2025
1:00 p.m. ET./10:00 a.m. PT