That much off-frequency is indeed potentially damaging to motors and compressors, and to some electronics. Probably not an issue for lighting and other resistance-type devices. Clocks will keep the wrong time, and the clock motor may fail prematurely if run for lengthy periods that way. Some electronic controls, e.g. electric blankets, are probably affected as well. Since your EMS shuts down, your choices are to bypass it and gamble, run the genset instead, or move to a different campsite or campground.
This is a very unusual error and I wonder if it might be a false one, i.e. failure of the EMS rather than the campground power. Power utilities regulate frequency in the power lines, and there is little that the campground could do to muck it up. Is it possible the campground is running on its own generator power? A wonky genset can easily produce improper frequency. I brought up the possibility of a false error because I actually had that problem with another brand of EMS. It kept giving an Open Ground fault when it got a bit hot. I finally realized it was false when it reported the same problem on both genset and shore power.
You might try plugging a digital clock into the power post outlet and see if it keeps proper time. If its really 51 Hz or less, it should be apparent within 30 minutes. a 15% difference in frequency should throw the time way off.