Depleted hydrocarbon reservoirs are often considered as suitable candidates for geological CO2 storage due to their proven injectivity (e.g., permeability and thickness), known storage capacity (e.g., pore volume), and established containment characteristics (e.g., presence of geological cap rocks). In addition, they offer existing injection infrastructures and comprehensive information from the geological formations that will be targeted for the CO2 storage operation. However, the injection of CO2 at high pressure into such low-pressure reservoirs is affected by the well-known Joule-Thomson cooling effect. The expansion of high-pressure CO2 into a depleted reservoir results in a localized temperature reduction in the wellbore region. This significant cooling effect may induce thermal fractures within the reservoir and cap rock; it can freeze the irreducible water, lead to formation of hydrates, and result in salt precipitation. While induced fractures can benefit the well injectivity, they might pose a risk to the integrity of the wellbore and the containment of reservoir. Additionally, formation of hydrates due to temperature drop near well may lead to the wellbore blockage, permeability reduction, and ultimately, injectivity impairment. Therefore, understanding the Joule-Thomson effect and associated parameters that can affect the degree of cooling in the near-wellbore region is crucial prior to the design phase of any CO2 injection projects into depleted reservoirs.In this study, we employ the TOUGH2-ECO2M simulation tool to assess the significance of the Joule-Thomson cooling effect in underground CO2 storage. Initially, the simulation model was verified using a classic Joule-Thomson expansion experiment with pure CO2, yielding its coefficients with less than 3% difference against the available published references and experimental data. This provided confidence in our analysis to perform further investigation of complex interplay between injected CO2 and reservoir dynamics. Key parameters, including injection rate, bottomhole temperature, reservoir permeability, and initial reservoir pressure, were studied to understand how these factors would influence the strength of the Joule-Thomson cooling effect in depleted gas reservoirs.In practice, the bottomhole temperature depends on various parameters, including the injection rate, well depth, wellhead temperature, tubing properties, and the geothermal gradient. In the current simulation, the wellbore flow is not explicitly modelled, and therefore, it is treated as a variable parameter. The impact of permeability and injection rate is examined independently in a sensitivity analysis. Despite their analogous influence on pressure drop, as dictated by Darcy's law, it is essential to recognize that alterations in temperature can make changes in the viscosity of CO2, subsequently exerting an indirect influence on the pressure drop within the system and amount of cooling effect.Simulation results indicated that more pronounced cooling can be experienced due to higher injection rate, lower reservoir permeability, elevated bottomhole temperature, or lower reservoir pressure. Interestingly, the bottomhole temperature drop near the wellbore exhibited notable behaviour. It deviated significantly from the theoretically calculated values, which is due to the residual heat from the underground formations. Temperature drop occurred gradually over time, and it was extended beyond the immediate wellbore region, propagating deep into the reservoir.To further explore the impact of bottomhole temperature on the Joule-Thomson cooling effect, we assumed a base case scenario in which the injection bottomhole temperature was equal to the initial reservoir temperature of 75 °C and reservoir initial pressure was 50 bars. Simulation results indicated that a maximum observed temperature-drop of 28 °C was caused by the Joule-Thomson cooling effect. In another scenario, the bottomhole temperature (20 °C) was significantly lower than the initial reservoir temperature (75 °C). In this case, the observed temperature drop due to the Joule-Thomson effect was only 4 °C. A comparison of these scenarios suggests that when CO2 is injected at lower temperature than reservoir temperature, the Joule-Thomson cooling effect would likely not promote formation of hydrates.While Joule-Thomson cooling effect may present other challenges (e.g., induced fractures), based on the current simulation results it does not seem to pose significant concerns regarding hydrate formation in the context of underground CO2 storage. This study is of significant practical considerations for the design of effective CO2 injection strategies into depleted hydrocarbon reservoirs.