Power Engineering - Edison Electric Institute executive honored by American Association of Blacks in Energy

WASHINGTON, April 26, 2002 -- The American Association of Blacks in Energy has honored David K. Owens, EEI Executive Vice President, Business Operations with its James E. Stewart Award.

The award is AABE's highest level of recognition, given to the member of AABE who is an achiever in the energy field and who has also demonstrated outstanding leadership within the African American community. It was named for an Oklahoma Natural Gas Company executive who was also a longtime civil rights leader.

At EEI, Owens has responsibility for the strategic areas of energy supply and the environment, energy delivery, energy services, and international affairs. In his capacity as the first African American to hold an officer title at EEI, Owens has significant responsibility over a broad range of issues that affect the future structure of the industry and new rules for evolving competitive markets.

Owens has appeared before U.S. Congressional committees, testified in proceedings on energy issues before state bodies, lectured in universities across the country, and made numerous presentations on television and radio. He is recognized as an authority on electric utility rates and regulation.

Before coming to EEI, Owens served as Chief Engineer of the Division of Corporate Regulation of the Securities and Exchange Commission, the division responsible for regulating public utility holding companies. Owens was also an engineer in the Division of Rates and Corporate Regulation at the former Federal Power Commission and worked as a design and test engineer for General Electric and Philadelphia Electric Companies respectively.

Owens holds a B.S. and a Masters in Engineering from Howard University and a Masters in Engineering Administration from George Washington University. He has the distinction of being listed in Who's Who Among Black Americans and Who's Who in Government. He has served on the African Electrification Foundation, whose mission is to electrify poor remote areas of Africa.

He is on the board of Cabell, Inc., an organization that educates underprivileged youth about financial issues. He is an active member of the Kappa Alpha Phi fraternity and participates in its significant community outreach efforts.

The award will be presented during the James E. Stewart banquet at AABE's 25th annual conference in Dearborn, Michigan on Friday, April 26, 2002.

The American Association of Blacks in Energy was founded in 1977 by a small group of black energy industry leaders. It monitors energy issues, offers scholarships, provides job opportunities in the energy field and sponsors educational events.

Edison Electric Institute (EEI) is the association of United States investor-owned electric utilities and industry affiliates and associates worldwide. Its domestic members generate approximately three-quarters of all the electricity generated by electric utilities in the country and serve about 70 percent of all ultimate customers in the nation.

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