Two issues are occurring with the latest Illustrator 2022 update, the first is that PowerScripts can get disabled but still appears in the list of installed Extensions, the second is a conflict with a previously installed version that was not removed during install. To solve both of these issues follow this process to completely remove all current and old versions of PowerScripts and then perform a fresh install.
Note: This will not remove your existing settings so can be done safely anytime.
Step 1: Install the extension Manager (If not already installed)
Step 2: Remove all currently installed versions of PowerScripts
Step 3: Verify previous versions were removed
Step 4: Install the extension
If you previously used PowerScirpt Updater, you can run this again to install or use the Extension Manager to install PowerScripts below