A change in 2008 to 300.9 categorizes the interior of above-ground raceways as a wet location whenever the raceway is in a wet location, regardless of conductor arrangement or types of fittings. That reduces the allowable ampacity of some installations.
My question isn't so much what the code is saying, but why. What is the property of water as compared to air that causes the same conductor to have a lower rating in a wet location than in a dry one?
Douglas Hansen
In my experience, the limit on the exposure to water effecting derate, is a function of the insulation in constant contact with water over time. However, I cannot find my report source at this time.
What I could find is:
In contrast to electrical treeing, water treeing is the deterioration of a solid
dielectric material which is simultaneously exposed to moisture and an electric
field. It is a significant factor in determining the useful life of buried power
cables. Water trees initiate from sites of high electrical stress such as rough
interfaces, protruding conductive points, voids, or imbedded contaminants but at
a lower field than that required for electrical trees. In contrast to electrical
trees, water trees are characterized by: (a) the presence of water is essential
for their growth; (b) they can grow for years before reaching a size where they
may contribute to a breakdown; and (c) although slow growing they are initiated
and grow in much lower electrical fields than those required for the development
of electrical trees.
Whenever I have a question about insulation properties I contact the wire manufacturer, which could refer the question to the plastic manufacturer for chemical makeup and process mix properties.