Correct on the 24V. It is referenced to the equipment ground, even if that ground has a voltage above the zero reference at the system bonding jumper.Not enough CURRENT to elevate VOLTAGE.
And now two steps back...
You know, I'll spend all the time it takes to read about this but I just can't follow some of this stuff.
As I thought about it- even if the chassis has a phase shorted to it from somewhere across the plant, the difference between the two leads of the xmfr is still 24v so it will continue to work.
That I can get on board with. But what you just said really spun me out. I'm still looking at something through a somewhat distorted lens.
Grounded systems rely on grounded conductive pathways to carry enough fault current back to the source so as to cause the overcurrent protective device to trip. These pathways have resistance. Any time there is current through a resistance, there is a voltage differential between the points where current enters and leaves the pathways. Basic Ohm's Law.
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