Much has been written about failures due to ground potential rise (GPR), generally in connection with single houses with multiple grounds. But in cases where multiple houses are interconnected via a single piece of equipment, equipment failures could be caused by insulation issues due to GPR attributable to lightning.
The most common characterization of ground rods actually differs from what is observed in the case of lightning. This article discusses what is observed and how that affects ground rod performance.
Why the effects of nearby lightning might be over-estimated, or in some cases underestimated, and how to get more realistic estimates.