The dynamic values are not being replaced by actual values, When I receive emails. Please Help.
Dear {{ object.partner_id.display_name }}, 
Your subscription {{ object.name }} has been marked for renewal.
Please review your subscription details.
Thank you!
Request was: We
 would like to create a notification that is emailed when a subscription
 has the tag “renew” - a tag Odoo automatically applies to the sub .
What I did: I created an automated action. 
Model: Subcription
Trigger: On update
Before Update Domain: Tags> Analytic Tag = "renew"
Action To do: Send Email
That is my configuration
