New Mexico Public Regulation Commissioner Gabriel Aguilera discusses how his 15 years at the Federal Energy Regulatory Commission prepared him for his role as a state utility regulator with California Energy Markets' Southwest Editor, Abigail Sawyer.  Aguilera also offers his take on the emergence of competing day-ahead markets and regional transmission organizations in the Western U.S., the implications of market competition for the New Mexico PRC, and the importance of green chile in attracting energy investment to the state.