I think you have missed my point. What you state is correct PROVIDING as other posts mention the RA of the rod is very low. If the RA is above 10 ohms (for example), instead of a safety feature, we now have a potential hazard. We simply have another piece of live metalwork. It's not possible to tie any metelwork to to earth potential unless, the contact between them both is virtually resistance free. So to conclude.. if rod is of correct resistance its of great value, if its of high resistance its a potential hazard, adding to the problem rather than alleviating it.
No it isn't.
If there is a fault to earth somewhere; the potential at the ground at the fault would be say 230V (or 6.35kV, 19.05kV or whatever depending on the faulted circuit voltage) and would be zero at the substation earth - all points in between would have various potentials dropping as one gets closer to the substation.
This doesn't matter at any particular point - unless you contact another point a bit further down the route (such as a horse in a field etc) when the potential difference between the points matter.
However if something is directly connected to the earth point at the substation, such as the metalwork of street furniture then it would be very important!
Anyone or anything touching the metal whilst in contact with the ground could receive a considerable voltage (depends on how close to the fault or how close to the substation or nearest earth connection) .
If however there are lots of PME connections to the ground, then a couple of things happen - firstly the local ground is held towards the same as the substations earth (so reduced chance of a potential difference), and the fault current is likely to be larger , so will clear quicker, or in some cases it would actually be detected!
These connections should be as many as possible - not just PME rods in the distribution, but also the bonding to gas/water pipes at each house, to extraneous metalwork etc. (in fact as the move to plastic services increases the need for more distribution rods grows). Tying street furniture with rods does the same thing.
It is also important when you come to more rural areas as the number of distribution services and their PME/extraneous bondings fall.
This would be a cost impact, hence not all take-offs from the distribution system have rods, not all street furniture has rods etc.
The ideal would be for every point possible to have a rod (or rods), as cumulatively this would provide little chance for the local ground to raise potential in the event of a fault, but at a significant financial cost.
In reality there needs to be sufficient bonding to local ground everywhere to provide a safe potential in the event of a fault etc. Any further would be added cost, yet not provide anything.
Take any circuit in a home, if it has sufficient CPC to clear the fault in 0.4s should we all add another separate CPC to make sure?